Hi Ben,
2007 Results*(+8.34%)
*Results of net of all fund expenses and 401k plan administration fees (see below).
Long-Term Results (as of 10/31/2007)
| 1 Year | 3 Years | 5 Years |
Annualized Return | 11.17% | 11.09% | 12.35% |
Standard Deviation | 6.69% | 6.12% | 5.76% |
Sharpe Ratio (Ex-Post) | 0.92 | 1.10 | 1.55 |
Fund Inflows in October 2007
October contributions were as follows: OPMYX (43%), MIPYX (23%), MCBDX (21%), and CGRYX (13%).
Projected Fund Inflows for November 2007
Currently November 2007 401k contributions will be allocated to OPMYX (35%), MIPYX (24%), MCBDX (26%), and CGRYX (15%) to get my bond, small cap and large cap value allocations closer to their targets. All allocations are within the 5/25 rule for rebalancing as shown on following table. TIPS allocation remains at 25% of fixed income since yield is at 2.01% compared with 2.11% as of 09/28/2007.
Portfolio as of November 1, 2007
ASSET CLASS | Current Allocation | Target Allocation |
Fixed Income | 29.34% | 30.00% |
MM Inflation Protected Bd (MIPYX) | 7.17% | |
Vanguard Long-Term Treasury (VUSTX) | 1.08% | |
MM Core Bond (MCBDX) | 21.07% | |
State Street Money Market (SSMXX) | 0.02% | |
US Large Cap Value | 7.31% | 7.50% |
Vanguard Value Index (VIVAX) | 7.21% | |
Oppenheimer Value (CGRYX) | 0.09% | |
US Large Cap Blend/Growth | 8.15% | 7.50% |
Fidelity Contrafund (FCNTX) | 8.15% | |
US Small Cap Value | 6.77% | 7.50% |
Vanguard Small Cap Value (VISVX) | 6.77% | |
US Small Cap Blend/Growth | 7.77% | 7.50% |
Oppenheimer Main St Small Cap (OPMYX) | 7.77% | |
Real Estate Investment Trust | 18.40% | 20.00% |
Vanguard REIT Index (VGSIX) | 18.40% | |
International | 22.27% | 20.00% |
Vanguard Intl Value (VTRIX) | 10.91% | |
Vanguard Total Intl Index (VGTSX) | 11.33% | |
MassMutual Premier Intl Equity (MIEDX) | 0.03% | |
YTD Returns of Currently Held Funds
MM Inflation Protected Bd (MIPYX) | 7.02% |
Vanguard Long-Term Treasury (VUSTX) | 4.95% |
MM Core Bond (MCBDX) | 4.90% |
Vanguard Value Index (VIVAX) | 6.84% |
Oppenheimer Value (CGRYX) | 13.58% |
Fidelity Contrafund (FCNTX) | 22.45% |
Vanguard Small Cap Value (VISVX) | 1.07% |
Oppenheimer Main St Small Cap (OPMYX) | 7.34% |
Vanguard REIT Index (VGSIX) | -2.92% |
Vanguard Intl Value (VTRIX) | 19.96% |
Vanguard Total Intl Index (VGTSX) | 23.88% |
MassMutual Premier Intl Equity (MIEDX) | 22.51% |
CURRENT PORTFOLIO STATS (M* X-Ray)
Equity Style Box
Bond Style Box
34% Long-Term High Credit Quality
66% Intermediate-Term High Credit Quality
Yield (2.80%)
Expenses (0.16% 401k Plan admin fees + 0.47% fund exps)
P/E Forward Ratio (17.28)
P/B Ratio (2.24)
ROA (6.13)
ROE (17.15)
ASSET ALLOCATION (M* X-Ray)
ASSET CLASS | Current Allocation | Target Allocation |
Cash | 6.22% | 0.00% |
US Stocks | 45.16% | 50.00% |
Foreign Stocks | 23.11% | 20.00% |
Bonds | 24.10% | 30.00% |
Other | 1.41% | 0.00% |
Not Classified | 0.00% | 0.00% |
Best wishes,
Bill
